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Audit under 44AB
by Murali Agarwal on Feb 11, 2010 10:37 AM

Honourable Finance Minister Sir,
The audit limit of Rs 40 Lakhs was fixed almost 3 decades back and with such price rise and inflation, I feel that this limit should be atleast 2 crores. Also the allowed cash transaction limit of Rs 20000 per day per person may be adjusted with current valuations to Rs 50000.

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